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Native name | شركة المملكة القابضة |
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Company type | Joint-stock company |
Tadawul: 4280 | |
ISIN | SA31RG522S19 ![]() |
Founded | 1980; 45 years ago (1980) |
Headquarters | , Saudi Arabia |
Key people |
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Revenue | 1,759,917,000 Saudi riyal (2019) ![]() |
2,498,508,000 Saudi riyal (2023) ![]() | |
988,243,000 Saudi riyal (2023) ![]() | |
AUM | US$ 13.6billion (2022)[1] |
Total assets | 54,098,335,000 Saudi riyal (2023) ![]() |
Owner |
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Website | www |
TheKingdom Holding Company (KHC;Arabic:شركة المملكة القابضة) is a Saudiconglomerateholding company, based inRiyadh. The KHC is apublicly listed company on theTadāwul (Saudi stock exchange). The KHC consists of a select team of experienced investment specialists directed by its founder and chairman, PrinceAl-Waleed bin Talal[2] and chief executive officer, Eng. Talal Ibrahim Al Maiman. The company describes itself as a diversified investment company, whose main interests arefinancial services,real estate,tourism andhospitality,media,entertainment,petrochemicals,aviation andtechnology.
Present investments include:[3]
Past investments include:[3]
The company is known for hiring the first Saudi femalecommercial pilot, CaptainHanadi Zakaria al-Hindi, who trained at theMideast Aviation Academy in Jordan.[12]
It is the owner of and was the lead developer of theKingdom Centre in Riyadh, Saudi Arabia.[citation needed]
Kingdom Holding is an active investor insub-saharan Africa through Kingdom Africa Management, a private equity firm and subsidiary based in South Africa, Ghana and Nigeria. Kingdom Africa is run by J. Kofi Bucknor and focuses on growth equity investments.[citation needed]
In 2007, the company committed to purchasing anAirbus A380 "Flying Palace" for $485 million,[13] however according to the Kingdom Holding's chief financial officer the plane has been sold.[14]
In April 2010, the company sold part of its stake in Raffles Holdings International in a deal worth about $847 million to a group of investors, including an affiliate ofQatar’s sovereign wealth fund.[15]
In August 2011, the company announced plans for the construction ofJeddah Tower, one of the tallest buildings in the world.[16]